This statistic represents the replacement rate for cars in the United States between the model years of 2020 and 2023, by manufacturer. The industry average replacement rate is expected to be **** percent. The replacement rate indicates the volume that is replaced annually with new models as a share of total volume.
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Merrill Lynch, & Bank of America. (May 10, 2019). U.S. volume weighted average car industry replacement rate between MY 2020 and MY 2023, by car manufacturer [Graph]. In Statista. Retrieved October 06, 2026, from https://www-statista-com.libproxy.pcc.edu/statistics/250351/replacement-rate-for-cars-in-the-us/
Merrill Lynch, und Bank of America. "U.S. volume weighted average car industry replacement rate between MY 2020 and MY 2023, by car manufacturer." Chart. May 10, 2019. Statista. Accessed October 06, 2026. https://www-statista-com.libproxy.pcc.edu/statistics/250351/replacement-rate-for-cars-in-the-us/
Merrill Lynch, Bank of America. (2019). U.S. volume weighted average car industry replacement rate between MY 2020 and MY 2023, by car manufacturer. Statista. Statista Inc.. Accessed: October 06, 2026. https://www-statista-com.libproxy.pcc.edu/statistics/250351/replacement-rate-for-cars-in-the-us/
Merrill Lynch, and Bank of America. "U.S. Volume Weighted Average Car Industry Replacement Rate between My 2020 and My 2023, by Car Manufacturer." Statista, Statista Inc., 10 May 2019, https://www-statista-com.libproxy.pcc.edu/statistics/250351/replacement-rate-for-cars-in-the-us/
Merrill Lynch & Bank of America, U.S. volume weighted average car industry replacement rate between MY 2020 and MY 2023, by car manufacturer Statista, https://www-statista-com.libproxy.pcc.edu/statistics/250351/replacement-rate-for-cars-in-the-us/ (last visited October 06, 2026)
U.S. volume weighted average car industry replacement rate between MY 2020 and MY 2023, by car manufacturer [Graph], Merrill Lynch, & Bank of America, May 10, 2019. [Online]. Available: https://www-statista-com.libproxy.pcc.edu/statistics/250351/replacement-rate-for-cars-in-the-us/
